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Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’

The Guardian World Thursday 01 October 2026, 09:03 UTC By Kalyeena Makortoff 1 min read
Key Points

Deal would mark return of Canadian family to UK after it sold Selfridges department store for £4bn in 2022Business live – latest updatesThe private equity owner of high street pharmacy Boots is reportedly closing in on a deal to sell the business to the Canadian branch of the billionaire Weston family for $9bn (£7bn).Sycamore Partners, which bought the wider Walgreens Boots Alliance for $23.7bn in 2025, is said to be in advanced talks with the Westons, with the Financial Times reporting that...

Deal would mark return of Canadian family to UK after it sold Selfridges department store for £4bn in 2022

The private equity owner of high street pharmacy Boots is reportedly closing in on a deal to sell the business to the Canadian branch of the billionaire Weston family for $9bn (£7bn).

Sycamore Partners, which bought the wider Walgreens Boots Alliance for $23.7bn in 2025, is said to be in advanced talks with the Westons, with the Financial Times reporting that a deal could be completed as soon as next week.

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Canada (LOCATION) Weston (PERSON) Canadian (ORG) UK (LOCATION) Selfridges (ORG) Partners (ORG) Walgreens Boots Alliance (ORG) the Financial Times (ORG)
Originally published by The Guardian World Read original →

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